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3118 Areca Ave

New Smyrna Beach, FL 32168

3 bd 2 ba 1,614 sqft Built 2021 Lot 5,200 sqft single_family
Most recent sale
$281,990
Apr 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 14, 2024 Sold $385,000 StellarMLS
Apr 1, 2024 Price changed $387,000 StellarMLS
Mar 24, 2024 Price changed $392,000 StellarMLS
Feb 21, 2024 Listed $396,900 StellarMLS
Apr 1, 2021 Sold $281,990 Public Record
Aug 4, 2020 Sold $918,109 Public Record
Feb 12, 2020 Sold $4,133,306 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $293,234 $66,000 $359,234 $5,993
2024 $293,234 $66,000 $359,234 $5,668
2023 $289,027 $5,241
2022 $217,752 $45,000 $262,752 $4,528
2021 $55,000 $55,000 $1,071
2020 $19,250 $554
2019 $17,500 $17,500 $323

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,614 sqft
Lot size
5,200 sqft
ZIP code
32168
City
New Smyrna Beach
Street
Areca Ave
Coordinates
29.01864, -81.02587

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,986
Gross rental yield
12.71%
Implied cap rate
8.26%
Trend-extrapolated value

Frequently asked questions

When did 3118 Areca Ave last sell?
3118 Areca Ave most recently sold on Apr 1, 2021 for $281,990.
What is the current tax assessment for 3118 Areca Ave?
The most recent total assessment for 3118 Areca Ave (year 2025) is $359,234 with $5,993 in property tax.
How does 3118 Areca Ave's assessment compare to its last sale price?
The current assessment is 27.4% above the last sale price of $281,990.
When was 3118 Areca Ave built?
3118 Areca Ave was built in 2021.
How does 3118 Areca Ave compare to others on Areca Ave?
We track 8 other properties on Areca Ave. Browse the list under "Other properties on Areca Ave" to compare beds, baths, and sale history.
What are the property facts for 3118 Areca Ave?
3118 Areca Ave is a 3 bed, 2 bath, 1,614 sqft, 5,200 sqft lot single_family.
Is 3118 Areca Ave a flip candidate?
No — 3118 Areca Ave does not appear in our flips dataset.
Is 3118 Areca Ave a tax-appeal candidate?
No — 3118 Areca Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.8%
Implied 1-yr
-7.1%
2026 Q3
$462.6K
2026 Q4
$453.3K
ZIP 32168 — Median Price History + Forecast

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